MSMED Act - Page 7

RBI permits One-time restructuring of MSME advances as ‘standard’

RBI/2019-20/160 DOR.No.BP.BC.34/21.04.048/2019-20 (11/02/2020)

It has been decided to extend the one-time restructuring of MSME advances permitted in terms of the aforesaid circular. Accordingly, a one-time restructuring of existing loans to MSMEs classified as 'standard' without a downgrade in the asset classification is permitted, subject to the following conditions:...

Read More

Credit & Financial Facilities to MSMEs

Credit & Financial Facilities to MSMEs (Micro, Small & Medium Enterprises) MSME sector has been recognised as a very important sector of the Indian Economy. MSMEs play a major role in industrialization of rural & backward areas and also play a crucial role in providing large employment opportunities. Ministry of Micro, Small &...

Read More
Posted Under: Fema / RBI |

MSME Samadhaan portal integrated with IU of NESL to help MSEs

For the convenience of Micro & Small Enterprises (MSEs), we have now integrated the `MSME Samadhaan’ portal with the `Information Utility (IU)’ of National e-Governance Services Ltd. (NeSL) enabling following steps....

Read More
Posted Under: Fema / RBI |

Requirement to File MSME Form -1

Article explains Definition of MSME As per MSME Development (MSMED) Act, 2006, Applicability of MSME Form 1 to Companies registered under Companies Law, Compliance related Half Yearly Submission of MSME Form 1 and  Penalty under section 405(4) of the Companies Act 2013 for delay in filing of MSME Form 1. As per MCA Notification S.O. [&he...

Read More
Posted Under: Fema / RBI |

Micro, Small and Medium Enterprises (MSME) Registration

MSME stands for Micro, Small and Medium Enterprises. Article explains What are Micro, Small and Medium Enterprise, MSME Registration Process, Benefits of MSME Registration, Time Taken for MSME Registration, Validity of MSME Registration, Time for Updating MSME Registration and also contains FAQ’s on MSME Registration. What are Micro, Sm...

Read More
Posted Under: Fema / RBI |

Amendments approved in interest subvention scheme for MSMEs

1. Settlement of claims based on internal / concurrent auditor certificate and submission of  statutory auditor’s certificate once by June 30, 2020; 2. Acceptance of claims in multiple lots for a given half year by eligible institutions;...

Read More
Posted Under: Fema / RBI |

Several measures taken to ensure timely payments to MSMEs

Union Government is aware that MSMEs are facing challenges in getting due payments on time from large corporations. In order to ensure timely payments and to prevent their accounts from being treated as Non-Performing Assets (NPAs), Government has taken following steps:...

Read More
Posted Under: Fema / RBI |

Micro small and medium Enterprise (MSME)- 5 Things to know

Article explains What is Micro small and medium Enterprise, Who regulate Micro small and medium Enterprise, What are Micro, Small & Medium Enterprises, How to get registered under MSME registration and What are the benefits of getting registered under MSME?...

Read More
Posted Under: Fema / RBI |

General Provisions for MSME Sector under GST

With the government's commitment to strengthen MSME's on all fronts including GST, it is expected that the current challenges would be stabilized and the industry gradually take a positive turn to fulfill the nation's vision....

Read More
Posted Under: Fema / RBI |

MSME Samadhaan-Delayed Payment Monitoring System: FAQS

Ministry of Micro Small and Medium Enterprises (Government of India) MSME SAMADHAAN- Delayed Payment Monitoring System FAQ of the MSME SAMADHAAN-Delayed Payment Monitoring System Q. 1 What is MSME Samadhaan Portal ? Ans : MSME Samadhaan is a Portal created by Office of DC(MSME), Ministry of Micro, Small and Medium Enterprises (MSME) whe...

Read More
Posted Under: Fema / RBI |

Browse All Categories

CA, CS, CMA (4,680)
Company Law (5,954)
Custom Duty (7,737)
DGFT (4,218)
Excise Duty (4,361)
Fema / RBI (4,181)
Finance (4,380)
Income Tax (32,986)
SEBI (3,450)
Service Tax (3,553)

Search Posts by Date

May 2020
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031